Haydale Graphene Industries PLC Haydale and City Energy Develop UFH with Plumbase
March 16 2023 - 3:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
16 March 2023
REACH
For immediate release 16 March 2023
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Haydale and City Energy Develop Graphene UFH with Plumbase
Haydale, the global technology solutions company, is delighted
to announce it is working with City Energy Network Limited ("City
Energy") and Plumbase Limited ("Plumbase") on developing and
distributing its graphene underfloor heating ("UFH").
The proven ink heater technology applied to clothing worn by
British athletes at the Tokyo Games has been applied in an initial
prototype for domestic UFH with the potential to replace gas
central heating and link into other energy efficient
technologies.
The development, which is being supported by City Energy, will
produce a further prototype that will lead towards a market-ready
CE product that can be tested in a home environment. When fully
certified, Plumbase, the UK's largest local plumbing supplier,
intends to distribute the product through their nationwide branches
with installation through City Energy's installer network.
With the UK commitment to reducing emissions to net zero by 2050
and the likely ban on domestic gas boilers in new homes in two
years' time, graphene UFH offers an energy efficient way to heat
our homes.
The UFH panels generate heat using Haydale's printed
functionalised graphene ink at low power (12v battery). The heaters
can be printed into different shapes and sizes, are easy to install
and are compatible with all modern construction materials.
Unlike infra-red and wired heating systems, Haydale's graphene
UFH system is designed to be a convector heater, which heats the
air and room through thermal convection rather than the body in the
case of infrared heaters.
Commenting on the project, Haydale CEO Keith Broadbent said:
"Haydale has been working closely with City Energy to look at new
technologies aimed at net zero . I am pleased we can now announce
that together we are taking our graphene underfloor heating to the
next stage and with Plumbase supporting there is a potential to
distribute the technology when it is market ready as an energy
efficient heating solution for domestic and commercial
properties."
Commenting jointly on the exciting project, City Energy National
Business Director and Haydale Non-Executive Director Ryan Howard,
and Plumbase Sales Development Director Danny Taylor added: " We're
very pleased to be supporting such an important and exciting
project in times when energy prices are so high. Our decision to
develop the product further and bring in our partners to take it
into the property sector was an easy one given our current aim is
to reduce energy bills for those in fuel poverty and significantly
help those in need."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842946
Sarah Thomas, Marketing Manager Tel: +44 (0) 1269 507026
finnCap (Nominated Adviser & Broker)
Julian Blunt / Edward Whiley, Corporate Finance Tel: +44 (0) 20 7220 0500
Andrew Burdis, ECM
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other nanomaterials
into the next generation of commercial technologies and industrial
materials. With expertise in graphene, silicon carbide and other
nanomaterials, Haydale can deliver improvements in electrical,
thermal, and mechanical properties, as well as toughness through
its state-of-the-art functionalisation. Haydale has granted patents
for its technologies in Europe, USA, Australia, Japan, and China
and operates from five sites in the UK, USA, and the Far East.
For more information please visit: www.haydale.com
LinkedIn: Haydale-ltd
Twitter: @haydalegraphene
This is a Reach announcement. Reach is an investor communication
service aimed at assisting listed and unlisted (including AIM
quoted) companies to distribute non-regulatory news releases into
the public domain. Information required to be notified under the
AIM Rules for Companies, Market Abuse Regulation or other
regulation would be disseminated as an RNS regulatory announcement
and not a Reach.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAEAPDSFENDEFA
(END) Dow Jones Newswires
March 16, 2023 03:00 ET (07:00 GMT)
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
From Jul 2024 to Aug 2024
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
From Aug 2023 to Aug 2024